Bitcoin has gained almost 30 per cent this year, buoyed in part by optimism that inflation has peaked

According to investigators with Middlesex OPP, a new bitcoin scam involves a victim receiving a phone call from an unknown number claiming they've been subject to identity theft.

What is FTX and why is the cryptocurrency industry so concerned about it? Here's what you need to know about the crypto exchange's collapse and the Canadian repercussions.

The announcements come days after larger rival Binance walked away from a proposed acquisition and left it scrambling to raise about $9.4 billion from investors and rivals.

Bitcoin sank to a two-year low after Binance confirmed earlier rumors and news reports that it was ready to back out of the FTX deal.

Cryptocurrencies saw a second day of sharp declines on Wednesday, as investors continued to fret about the stability of the sector and the financial health of major exchange FTX.

According to the Canadian Anti-Fraud Centre (CAFC), investment scams nationally were the highest reported scams based on dollar value in 2021 at $163.9 million.

The SEC said Kardashian failed to disclose that she was paid to publish a post on her Instagram account about EMAX tokens, a crypto asset security being offered by EthereumMax.

Documents show bureaucrats explored cryptocurrency's potential as an inflation hedge after comments made by Pierre Poilievre, then a candidate for Conservative leader.

According to police, the 19-year-old victim was held at gunpoint, assaulted, tied up and driven around, after making a pre-arranged Bitcoin transaction via social media.